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OVERVIEW
PROGRAMME STRUCTURE
ENTRY REQUIREMENTS
WHY TAYLOR'S
FUTURE CAREERS

This Bachelor of Actuarial Studies (Honours) programme equips you with a strong foundation in mathematics, statistics, and financial theory to navigate complex financial and business environments. From risk assessment and insurance to financial planning and investment analysis, students are exposed to a wide spectrum of actuarial applications. With access to experiential learning opportunities that enrich your academic experience, you will graduate with strong analytical and problem-solving skills to make informed decisions in high-stakes, data-driven settings. 

 

For those aspiring to a future in financial risk management, insurance, or actuarial consultancy, early application is encouraged to ensure a smooth and purposeful start to this forward-looking academic journey.

Programme Information for 2026

Duration

3-year

Study options

Full Time Only

Intake Month

February, April, September

Offered by

Taylor's Business School

Dual Awards

University of Essex, UK

Accredited by

SOA, IFoA, and CAS

Fees

MYR 114,494 (Local, 3 years)
 
MYR 125,078 (Local, 4 years)
 
USD 33,958 (International, 3 years)
 
USD 37,274 (International, 4 years)

We offer the overseas transfer options of completing your business programme at one of our established partner universities.

 

To support your journey, you can also explore the scholarships offered here.

Note: Fees will be reviewed annually. For the avoidance of doubt, Taylor’s reserves the right to revise the fee payable for any given semester.

Effective 1 July 2025, a 6% Service Tax will be imposed on non-Malaysian citizens, applicable to all fees and charges, except International Security Deposit and EMGS application fees. Fees shown in the Fee Schedule are exclusive of the 6% Service Tax. The Service Tax rate and taxable fee components are subject to change as determined by government regulations.

This degree programme is designed to equip you with powerful analytical problem-solving skills and specialised training in calculating and effectively managing financial risks for businesses. We're dedicated to enriching your learning experience by providing a range of captivating opportunities that will help you extract the utmost value from your actuarial science studies. 

Primary Major

Primary Major

This component consists of Common Core subjects, which are common modules across a discipline that provides the fundamental knowledge of the discipline.

 

Common Core

 

Year 1

  • Programming
  • Microeconomics*
  • Calculus
  • Probability Theory*
  • Mathematics of Finance*
  • Advanced Calculus
  • Mathematical Statistics*
  • Introduction to Accounting

 

Year 2

  • Life Contingencies I*
  • Applied Statistical Methods*
  • Introduction to Finance
  • Life Contingencies II*
  • Corporate Finance*
  • Fundamentals of Linear Algebra 
  • Macroeconomics*
  • Internship

Year 3

  • Simulation and Credibility Theory
  • Survival Models*
  • Derivatives
  • Stochastic Calculus for Financial Economics*
  • Stochastic Processes*
  • Risk Theory*
  • Project
  • Insurance Practices and Takaful

Notes

  1. * Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.
  2. All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.
University Core

University Core

This component aims to develop critical thinking, build up social intelligence and cultivate civic responsibility as well as broaden cultural knowledge. These consist of compulsory and nationally-mandated study modules required by the Malaysian Ministry of Higher Education.

 

  • Penghayatan Etika dan Peradaban / Bahasa Melayu Komunikasi 2
  • Falsafah dan Isu Semasa
  • Emotional Intelligence in Action
  • Kursus Integriti Dan Antirasuah
  • Social Innovation Project

Note:

  1. Students are requested to take Bahasa Kebangsaan A if they do not obtain a Credit for Bahasa Malaysia in SPM.
  2. All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.
Flexible Education

Flexible Education

The Flexible Education component offers students the flexibility to explore modules in a related or unrelated field, enhancing and complementing their primary major. This component allows students to broaden their knowledge and skills by selecting modules from the same or different schools within the university.

 

Flexible Education can take various forms, including free electives, extensions, minors, or even a second major. These options provide students with the opportunity to delve deeper into a specific area of interest or broaden their understanding by exploring a different field of study.

 

Click here to see a full list of all available Flexible Education Components.

 

You will need to choose one of the package below.

 

Free Electives

 

You will need to select any five (5) of the Free Electives offered by Taylor's University. You can refer to the Flexible Education Guide for the complete list.

 

The free electives offered are subject to availability and you will need to meet the minimum module pre and co-requisite.

 

Recommended Electives

  • Advanced Corporate Finance
  • Blockchain Economics
  • Enterprise Risk Management
  • Financial Reporting*
  • Fintech and Innovation
  • International Finance
  • Leadership and Change Management
  • Life Insurance and Pension Funds
  • Marketing Management (IBMP)
  • Organisational Management (IBMP)
  • Portfolio Management*
  • Ratemaking and Loss Reserving for General Insurance*

 

 

Notes:

  • Students are required to take the modules in order to obtain exemptions from IFoA.
  • All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Are you ready to take the next step in your academic journey? Our programme offers an exciting opportunity for individuals passionate about the field of Bachelor of Actuarial Studies. To ensure a smooth admission process, please take note of our entry requirements listed below.

Prerequisites

Prerequisites

SPM / O-Level with Pre-U / Foundation

Pass SPM / O-Level or equivalent with 5 credits including Mathematics and a pass in English for entry with pre-university/ foundation qualification (Except for UEC)

SPM / O-Level with Diploma

Pass SPM / O-Level or equivalent with 3 credits including Mathematics and a pass in English for entry with Diploma qualification

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Entry Pathway

Entry Pathway

Taylor's Foundation

Pass any Taylor's Foundation programme with min. CGPA 2.00

 

Taylor's Diploma

Pass any Taylor's Diploma programme with min. CGPA 2.00

 

Sijil Tinggi Persekolahan Malaysia (STPM)

Minimum CC 

 

Unified Examination Certificate (UEC)

Pass with min. 5Bs including Mathematics and minimum pass in English. Candidates without a Grade B in UEC Mathematics and a pass in UEC English may be admitted if the candidate has a credit in Mathematics and a pass in English at SPM or equivalent

 

A Level

Minimum DD

 

AUSMAT (SACEi) 

Minimum ATAR 60

Canadian Pre-University (CPU)

Minimum average of 60% in 6 subjects

 

International Baccalaureate (IB)

Minimum of 24 points for 6 subjects

 

Monash University Foundation Year (MUFY)

Overall 50%

 

Other Equivalent Qualifications

  • Pass Business Foundation from any other HEI
  • HSC (Yr 12), New South Wales with min. average 60% in 5 subjects
  • Pass MOHE Matriculation with a CGPA of 2.00
  • Pass Foundation (in other fields) from other institutions recognised by MoHE
  • Pass DIB or Diploma in other fields from other institutions recognised by MoHE
  • Application via APEL A is allowed
  • Other equivalent qualifications recognised by the Malaysian Government

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

English Requirements

English Requirements

LOCAL STUDENTS

 

MUET/ IELTS/ TOEFL/ UEC

Pass English

 

Taylor's EET

Overall Score 5.0

 

Taylor's IEN

Level 2 - Grade C

 

Pre-U / Diploma

Completed Pre-U / Diploma that was conducted in English

 

Cambridge English / ELS

the minimum score varies by programme

INTERNATIONAL STUDENTS

 

MUET

Band 3

 

CEFR

Low B2

 

Pre-U / Diploma

Completed Pre-U / Diploma that was conducted in English

 

Cambridge English / ELS

the minimum score varies by programme

Notes

  • International students may join IEN preparatory course and achieve the IELTS score.
  • All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Accreditation and/or Exemptions

Taylor's Actuarial Studies programme has been accredited and recognised by:

What You Will Get

After graduated from Taylor's Actuarial Studies Programme, you will be:

  • Eligible to apply for IFTA's Graduate Member.
  • Priority Entrance for all IFTA events.
  • Priority Entrance for all CAS events.
  • Get member discounts for IFTA seminars, workshops, conference and bootcamps.
  • Eligible to apply for AFT/CFT qualification upon completion of 6 papers.

Key Highlights of Bachelor of Actuarial Studies

When you've successfully completed this Bachelor of Actuarial Studies programme, you could embark on any of these exciting careers, including:

  • Actuarial Analyst
  • Accountants
  • Auditors
  • Budget Analyst
  • Economist
  • Mathematician
  • Statistician
  • Personal Financial Advisor
  • Forensic Accountant
  • Chartered Accountant

Embarking on your journey towards a Bachelor of Actuarial Studies degree represents an exhilarating advancement in your educational and professional career. We are here to guide you through the application process, ensuring it is as seamless and straightforward as possible. To discover more about the procedure and the documents required, please visit our Admissions website for further information.

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